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Vodafone maintains div on underlying FY growth, sees lower EBITDA in new year

2020-05-12 08:29:00| Telecompaper Headlines

(Telecompaper) Vodafone Group reported revenues for the year to March up 3.0 percent to EUR 45.0 billion, helped by its takeover of Liberty Global's cable assets and underlying service revenue growth of 0.8 percent to EUR 37.9 billion. Adjusted EBITDA rose 2.6 percent on an organic basis to EUR 14.9 billion, in line with its outlook, and Vodafone said the result is likely to be flat to slightly lower in the new year. 

Tags: new year lower growth

Category: Telecommunications

Macquarie to break up KCom

2020-05-12 02:00:00| Total Telecom industry news

Last year, Macquarie acquired KCom for £627 million following a bidding war. At that time, Kcom itself was reeling from a failed attempt to expand its business beyond the North of England and build a national network…read more on TotalTele.com »

Tags: break macquarie kcom

Category: Telecommunications

Vodafones operating cost savings keep its dividend afloat

2020-05-12 02:00:00| Total Telecom industry news

The financial strain COVID-19 is having on telcos is beginning to show.   Last week, BT announced that it was suspending its current dividend and that of next year, estimating a saving of £2.5 billion. Prior to this, Orange announced it was reducing its dividend by 30% as a result of coronavirus-related losses…read more on TotalTele.com »

Tags: cost operating savings dividend

Category: Telecommunications

Twitter to label misleading tweets

2020-05-12 02:00:00| Total Telecom industry news

Social media is a breeding ground for misinformation, but when it comes to the coronavirus such messages could literally be the difference between life and death.    Since the outbreak, social media platforms like Facebook…read more on TotalTele.com »

Tags: label misleading twitter tweets

Category: Telecommunications

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